Automatic Systems Cash Flow Statement

Financials in millions MUR. Fiscal year is January - December.

Millions MUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-4.33	-12.83	-60.62	28.18	35.42	39.01
Depreciation & Amortization	9.32	10.12	10.57	11.62	10.62	10.75
Other Amortization	0.7	0.7	0.96	3.49	3.47	1.87
Loss (Gain) From Sale of Assets	-1.2	-1.2	-	0.05	-0.34	-0.09
Asset Writedown & Restructuring Costs	13.32	13.32	43.1	-	-	-
Provision & Write-off of Bad Debts	-	-	-	-	-0.51	-0.23
Other Operating Activities	22.62	6.02	0.08	5.06	-5.42	5.19
Change in Accounts Receivable	6.45	6.45	-9.77	-9.62	0.38	-10.59
Change in Inventory	0.04	0.04	-0.29	-0.03	0.18	0.15
Change in Accounts Payable	-7.66	-7.66	2.74	1.91	-3.16	3.16
Change in Other Net Operating Assets	-0.09	-0.09	0.14	-0.01	-0.01	0.06
Operating Cash Flow	39.16	14.86	-13.08	40.64	40.63	49.29
Operating Cash Flow Growth	-	-	-	0.02%	-17.57%	50.17%
Capital Expenditures	-3.82	-3.82	-16.98	-4.99	-5.65	-5.76
Sale of Property, Plant & Equipment	1.2	1.2	-	0.01	0.34	0.09
Cash Acquisitions	-	-	-	-	-10.3	-
Sale (Purchase) of Intangibles	-0.2	-0.2	-1.05	-0.2	-4.24	-1.39
Investment in Securities	-	-	-	-	-	-8.85
Other Investing Activities	-3.43	-0.13	0.11	0.13	0.11	0.16
Investing Cash Flow	-6.25	-2.95	-17.92	-5.05	-19.75	-15.75
Long-Term Debt Repaid	-	-4.17	-3.39	-4.11	-3.61	-2.79
Net Debt Issued (Repaid)	-4.17	-4.17	-3.39	-4.11	-3.61	-2.79
Common Dividends Paid	-5.3	-5.3	-21.21	-21.21	-21.6	-22.42
Other Financing Activities	5.9	-	-	-	-	-
Financing Cash Flow	-3.57	-9.47	-24.6	-25.32	-25.2	-25.21
Net Cash Flow	29.34	2.44	-55.6	10.27	-4.33	8.32
Free Cash Flow	35.34	11.04	-30.06	35.65	34.98	43.53
Free Cash Flow Growth	-	-	-	1.92%	-19.65%	107.09%
Free Cash Flow Margin	14.78%	4.60%	-9.48%	8.49%	7.75%	10.97%
Free Cash Flow Per Share	9.94	3.12	-8.50	10.09	9.89	12.31
Cash Interest Paid	1.26	1.26	0.36	0.03	0	1
Cash Income Tax Paid	0.51	0.51	12.65	10.06	17.62	11.29
Levered Free Cash Flow	5.47	2.42	-34.16	35.13	22.08	31.76
Unlevered Free Cash Flow	7.27	4.41	-32.64	35.43	22.41	32.38
Change in Working Capital	-1.26	-1.26	-7.18	-7.75	-2.62	-7.22

Source: S&P Global Market Intelligence. Standard template. Financial Sources.